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Why should you pick the “Padre Elite Team” to find your perfect property? They are the #1 team on South Padre Island (SPI) but these are the reasons we think we are the right choice for you: Representation …The Padre Elite Team believes in representing only one client…..you. We will not represent both sides of […]
“Assuming that the highest loan they are approved for means they can afford it.” ” Not getting a home warranty. The AC failed three months after they bought the house.” “Not knowing about assistance programs for buyers.” “Not shopping for a mortgage. Rates and closing costs can vary widely.” “Offering much more than the market […]
The time between signing a contract and closing a sale is a busy one for buyers, their real estate agents and the title company. Your agreement of sale is signed and the home selected is officially under contract. Now it’s time to satisfy all the terms of your contract. The seller has relatively little to […]
What is “title” and why do I need to insure it? When you buy a piece of land, you don’t get handed the piece of land — you are given title. Title is the owner’s right to possess and use the property. How a home is titled can vary. For example, title might be held […]
A home purchase isn’t complete until you make it to the closing. Until then, the transaction can fall apart for many reasons. –House Logic Schedule an appointment with a trusted inspector immediately if your contract requires you to have a home inspection. Home inspection is recommended whether it is stated in the contract or […]
Deciding to sell or buy a home is a big step. To make sure it is a step in the right direction, choose the person best qualified to handle your real estate needs: a RE/MAX Sales Associate. Averaging three times the production and more advanced industry education than other agents, RE/MAX Associates are truly “The […]
Buying a Home Buying a home is probably the biggest investment you will make, with long-term financial ramifications. It calls for many informed decisions and for good advice from a real estate professional. When buying a home, you can learn from the knowledge and skill of a South Padre Island area Realtor. What can […]
10 Mortgage Misconceptions Mortgages are tricky and often hard to understand. Because most people only purchase a home every five to seven years, prospective homebuyers understandably don’t spend a lot of time in the interim educating themselves about mortgages and the mortgage process. With the real estate market picking up and mortgage rates prime for […]
Why Are Rates Going Up? Two reasons: 1. The Federal Emergency Management Agency is updating its flood maps to be more accurate, which could change your flood risk designation. If your risk is higher, your premiums will go up. If it’s lower, your premiums could go down. 2. Last year, a new law took effect […]
“Mortgages for your primary residence or for a vacation home or for an investment property in the South Padre Island area can vary greatly from interest rate to down payment to terms to lender guidelines.” –House Logic There are two types of mortgages; fixed or adjustable. Research and ask some experts to find out […]
There are very few people in the South Padre Island Area who can afford the luxury of paying cash for a home purchase. When buying a home, most buyers tend to use a mortgage. Mortgage is a way to secure a loan for a house purchase. It is also known as a Deed of […]
Do a final walk-through of your house before closing to make sure nothing has changed. You’ve already cleared several hurdles by finding the right home, negotiating the best price, and securing favorable financing. The last obstacle on your homebuying track is the closing, which can be both tedious and tense. By knowing what to expect […]
When looking for your new house, make sure to take into consideration how long you plan to stay there. Determine whether you are more comfortable living on the beachfront, the bayfront, in-between in South Padre Island, or on the mainland in Port Isabel, Laguna Vista, or Bayview. The price will fluctuate based on […]
Buying a home in the South Padre Island area can be emotional, but negotiating the price shouldn’t be. The key to saving money when purchasing a home is sticking to a plan during the turbulence of high-stakes negotiations. A real estate agent who represents you can guide you and offer you advice, but you are […]
Choosing a REALTOR® Once you have made the decision to purchase or sell a home, the next step is to find a local South Padre Island area REALTOR® who will best represent you and your housing needs. It is important to use a local REALTOR® because they know the properties, and unique addendums the best. […]
Packing Tips for Your Big Move Now that you are thinking about moving, it is time to begin to think about the packing process and what all is involved. You will want to start early, so as to give yourself time to sort through all that you have accumulated throughout the years. The less […]
Looking for homes for sale in the South Padre Island area? Wanting to list your South Padre Island area home? Contact the Padre Elite Team today!
